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India | Leadership | NewsAdani Energy Solutions appoints Ashok Jagetiya as CFO
Adani Energy Solutions Limited has announced a change in its Chief Financial Officer (CFO), with effect from the close of business hours on May 30, 2026. The Board approved the appointment of Ashok Jagetiya as CFO and KMP with effect from May 31, 2026. The appointment was made based on the recommendations of the Nomination…
India | Generation | NewsAERB clears excavation for Mahi Banswara nuclear project Units 1 and 2
The Atomic Energy Regulatory Board (AERB) has granted approval to begin excavation activities for Units 1 and 2 of the Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) in Rajasthan. The units are based on the standard 700 MWe Pressurised Heavy Water Reactor (PHWR) design. The project is located in Banswara district, Rajasthan, and is being…
IREDA loan book crosses Rs 93,000 crore in FY2026
Indian Renewable Energy Development Agency Limited (IREDA) reported provisional business performance for the financial year ended March 31, 2026, with its loan book outstanding reaching Rs 93,075 crore, up 22% from Rs 76,282 crore a year earlier. Loan disbursements rose 16% to Rs 34,946 crore, compared with Rs 30,169 crore in FY2025, while loans sanctioned…
Nomura projects 7% CAGR in India’s power demand through FY27
Nomura has projected robust growth for India’s power sector, forecasting a compound annual growth rate (CAGR) of over 7% in electricity demand from FY24 to FY27. This surge is fueled by rising economic activity, increased electrification, and demand growth in emerging sectors such as data centres, electric vehicle (EV) charging, and green hydrogen production. Changing…
Power Grid to raise up to Rs 5,000 crore through bond issue
Power Grid Corporation of India Limited has approved the issuance of unsecured, non-convertible, non-cumulative, redeemable, taxable bonds under its 82nd issue for 2025-26. The decision was taken by the company’s Committee of Directors for Bonds on August 5, 2025. The total size of the issue is up to Rs 5,000 crore, comprising a base size…
India | Generation | NewsMoxie Power secures 558 MW supply contract from TNPDCL
Adani Power Limited’s subsidiary, Moxie Power Generation Ltd, has received a Letter of Award from Tamil Nadu Power Distribution Corporation Limited (TNPDCL) to supply 558 MW of power for five years, providing long-term revenue visibility for the company’s Tuticorin plant. Moxie Power emerged as the lowest bidder in a competitive bidding process, quoting a tariff…
